Stavian, Shinec cooperate to develop industrial real estate projects in Vietnam

Both parties aim to leverage their strengths, resources, and expertise to foster a mutually beneficial collaboration, aiming to create sustainable value through strategic partnerships in Vietnam's industrial real estate market.

Signing ceremony between Stavian Group and Shinec Group on April 3 with the witnesses of both parties' representatives. Photo courtesy of Stavian Group

As part of this partnership, Stavian Group and Shinec Group will share their expertise, technology, and experience while optimizing their respective strengths to develop eco-industrial zones and clusters. This approach aims to drive sustainable growth in the industrial real estate market, aligning with global trends and environmental considerations.

The list of industrial zones and industrial clusters that both sides plan to develop includes projects in Quang Ninh Province (3.15 million sqm), Hai Duong Province (4.5 sqm), Khanh Hoa Province (3.7 sqm), Ba Ria - Vung Tau Province (10 million sqm), Hau Giang Province (2.34 sqm), Can Tho City (3 million sqm), Bac Lieu Province (2.57 sqm), along with many other projects that both parties are jointly researching and developing.

Speaking at the ceremony, Tony Dinh, Chairman and CEO of Stavian Group, emphasized that the industrial zones both corporations aim to develop will not only ensure sustainable growth but also provide an optimal working environment for businesses and workers. "These zones will feature modern infrastructure, cutting-edge technology, and effective environmental protection solutions, contributing to the creation of a harmonious and sustainable industrial ecosystem."

Tony Dinh, Chairman and CEO of Stavian Group, speaks at the event. Photo courtesy of Stavian Group

Stavian Group is a multinational industrial-technology and trading corporation operating in over 30 countries and exporting to more than 100 countries and territories. Its focus is on industrial manufacturing and related ecosystems, encompassing five key sectors: industrial production, high technology, industrial infrastructure development, energy transition, and trading and investment.

Industrial infrastructure development plays a central role in Stavian Group's industrial ecosystem. With a strong commitment to building sustainable industrial parks, the corporation focuses on developing green, modern, and well-equipped zones that meet the needs of both domestic and international enterprises.

Its existing projects in Vinh Phuc, Hung Yen, and other provinces in Vietnam are expected to become attractive destinations for investors, contributing to local economic growth and community development.

Sharing his perspective on the partnership, Pham Hong Diep, Chairman of Shinec Group, stated that Shinec has always focused on creating a sustainable industrial ecosystem that balances economic growth with environmental and community well-being.

"We are pioneers in implementing circular economy models, optimizing resource utilization, minimizing waste, and fostering environmental responsibility," Diep said. "In addition to ESG reporting and sustainable development initiatives, we actively seek like-minded partners to create eco-friendly industrial real estate solutions."

Pham Hong Diep, Chairman of Shinec Group, speaking at the event. Photo courtesy of Stavian Group

Diep also mentioned that both parties aim to set new standards for "Made-in-Vietnam" industrial real estate, addressing the increasingly stringent demands of global clients. "We hope that both groups can establish a new benchmark for Vietnam's industrial real estate market, leading the industry toward a more sustainable and forward-thinking future."